Is Monticello, IA a good place to invest in rental property?

Monticello, IA has a median modeled monthly cash flow of $-603 and a median cap rate of 3.2%, on a median sold price of $182,500. Prices changed -2.6% year over year.

What is the average cap rate in Monticello, IA?

The median cap rate across recently sold homes in Monticello, IA is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Monticello, IA?

The median sold price in Monticello, IA is $182,500 (about $112 per square foot).

Investing in Monticello, IA Real Estate

A data-driven snapshot of the Monticello, IA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$182,500Median sold price

$112Median $/sqft

3.2%Median cap rate

$-603Modeled cash flow / mo

-2.6%Appreciation YoY

10.2Months of supply

50Active listings

59Sold (last 12 mo)

What the Monticello numbers say

In Monticello, IA, the median home sold for $182,500 (about $112 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-603 of monthly cash flow. Sold prices moved -2.6% over the past year. Inventory sits at about 10.2 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Iowa markets to compare

See Monticello cash-flowing listings

CashFlowRE ranks every for-sale home in Monticello, IA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Monticello deals, or browse the national market data.